Faraday Future continues to struggle as three more executives depart

From Engadget - November 10, 2017

Krause came to Faraday in March after holding executive roles at BMW group and Duetsche Bank. Sources told Jalopnik that during his short tenure as CFO, Krause did attract some potential investors, but they reportedly balked when a stipulation was not met: Faraday's main financier, entrepreneur and LeEco founder Jia Yueting, give up control -- which he refused. Krause quietly left Faraday last month, but the news was confirmed today.

Accompanying him out the door are two other senior executives, according to The Verge. The first is Ulrich Kranz, another BMW veteran who joined Faraday in July, and the other is Bill Strickland, head of vehicle manufacturing who formerly headed the Ford Fusion program. It's the latest in a string of executive exits from the struggling company, including a pair of its founding execs a few months ago.


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